Hero MotoCorp Q3 Disappoints

Jan 30 2014

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January 30: Hero MotoCorp reported a rather disappointing set of third-quarter numbers. The company’s Q3 profit rose a mere 8% while the Street was expecting a 23% growth. The management at its concall conceded that growth was slow and said there will be no surprises in the fourth quarter either. Bloomberg TV India’s Agam Vakil shares a detailed report on the same.